Elevate, a lifestyle real estate brand behind Mondrian Al Marjan Island Beach Residences, developed in partnership with lifestyle hospitality company Ennismore, has announced a landmark transaction exceeding AED127.5 million ($34.72 million) at the project.
Saudi Arabia’s real estate market experienced strategic recalibration, steady structural demand drivers, and continued investor confidence despite a more complex regional economic backdrop in the first quarter of this year, a report said.
Dubai Holding Asset Management (DHAM), the owner and operator of a diverse portfolio of retail, residential and commercial destinations in Dubai, has broken ground on Lantana Hills, a new premium gated residential community in Dubai Science Park, Al Barsha South.
Holcim UAE has officially launched ECOCycle at the recent Make It In The Emirates event in Abu Dhabi, marking a landmark moment in the journey toward smarter, more sustainable construction.
International Real Estate Partners (IREP), a global real estate and facilities management operating partner with offices across the UAE, has announced a planned leadership succession that will see Kamran Abbas appointed Chief Executive Officer.
Leading real estate expo Cityscape Global 2026 will be back in Riyadh this November, bringing together investors, developers, policymakers and industry leaders from across the globe as Saudi Arabia continues to expand investment in real estate and urban development under its economic transformation plans.
Etihad Rail, the developer of UAE's national railway network, has completed the work on Fujairah station, its first linking the northern emirate with Dubai and Abu Dhabi, ahead of launch of operations later this year. Spanning 51,900 sq m area, the station is located in Madinat Al Hilal area.
Saudi Arabia's National Center for Privatisation & PPP (NCP) has launched the expressions of interest (EOIs) and requests for qualification for the operation and maintenance of a new public parks project. The 15-year contract will cover 50 parks across three regions - Eastern Province, Jeddah, and Madinah region.
Metal Park, a 500,000 sq m ecosystem established in 2021 in Abu Dhabi, has kicked off the second phase of its integrated industrial ecosystem, following its successful Phase One launch. The new expansion will introduce more than 700,000 sq ft of industrial units dedicated to metal processing and fabrication.
Dubai’s Roads and Transport Authority (RTA) has announced that the advanced maintenance and comprehensive rehabilitation works on Dubai Metro’s tunnel infrastructure have been fully completed. This comes as part of RTA’s ongoing efforts to enhance operational safety and ensure operational excellence.